Storage Technologies & Automation Ltd
Price Range
-
-
Min. Quantity
-
Closes on
-
-
Min. investment
-
Storage Technologies & Automation Ltd IPO Timeline
Storage Technologies & Automation Limited was originally incorporated as 'Company Limited by Shares' under the name 'Storage Technologies and Automation Private Limited' and the Certificate of Incorporation was issued by Registrar of Companies, Bangalore on March 19, 2010. Subsequently, Company converted into a Public Limited Company and the name of Company was changed from 'Storage Technologies and Automation Private Limited ' to 'Storage Technologies and Automation Limited ' vide fresh Certificate of Incorporation dated October 12, 2023 by the Registrar of Companies, Bangalore.
| Event | Date |
|---|---|
| Storage Technologies & Automation Ltd IPO Opening Date | 30 April 2024 |
| Storage Technologies & Automation Ltd IPO Closing Date | 3 May 2024 |
| Basis of Allotment | 6 May 2024 |
| Initiation of Refunds | 7 May 2024 |
| Credit of Shares to Demat | 7 May 2024 |
| Storage Technologies & Automation Ltd IPO Listing Date | 8 May 2024 |
Storage Technologies & Automation Ltd IPO Details
| Storage Technologies & Automation Ltd IPO Date | - |
| Storage Technologies & Automation Ltd IPO Face Value | - |
| Storage Technologies & Automation Ltd IPO Price | - |
| Storage Technologies & Automation Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | Not more than 7,28,000 of the Net Offer |
| Retail Shares Offered | Not less than 12,75,200 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 7,47,200 of the Net Offer |
| Company Promoters | Hanif A Khatri, Mohammad Arif Abdul Gaffardor, Khasim Sait |
Storage Technologies & Automation Ltd IPO Lot Size
The Storage Technologies & Automation Ltd IPO lot size is Invalid Number shares. A retail-individual investor can apply for up to NaN lots (NaN shares or ₹NaN).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | - | - |
| Maximum | - | - | - |
- Strengths
- Risks
- Opportunities
- Experienced Promoters supported by senior management team.
- Wide range of products.
- Consistent focus on quality.
- Product development and design optimisation capabilities.
Company Financials
Storage Technologies & Automation Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 58.17 | 89.25 | 5.81 |
| 03-2023 | 38.92 | 76.74 | 0.29 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet working capital requirements
- General corporate expenses
Storage Technologies & Automation Ltd IPO Promoter Holding
| Pre Issue Share Holding | 52% |
| Post Issue Share Holding | 36.45% |
Storage Technologies & Automation Ltd IPO Subscription Status (Bidding Detail)
The Storage Technologies & Automation Ltd IPO is subscribed 258.61 times on NaN Invalid undefined 05:00:00 PM. The public issue subscribed 242.74 times in the retail category, 117.86 times in the QIB category, and 422.84 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 117.86 | 422.84 | 242.74 | - | 258.61 |
Storage Technologies & Automation Ltd IPO Prospectus
Storage Technologies & Automation Ltd IPO Listing Date
| BSE Script | 544171 |
| NSE Symbol | - |
| Listing In | - |
| ISIN | INE0RGM01016 |
| IPO Price | ₹78 |
| Face Value | ₹10 |
Company Contact Information
# X S.# 21/6A 21/7A 21/7B 21/8Singanayakahalli Yelahanka,Bangalore-560064
Phone: +91 98444 86300
Email: cs@racksandrollers.com
Website: https://racksandrollers.com
Storage Technologies & Automation Ltd IPO Registrar
Storage Technologies & Automation Ltd IPO Lead Manager(s)
- Oneview Corporate Advisors Pvt Ltd
FAQ
What is the issue size of Storage Technologies & Automation Ltd IPO?
I have pre-applied for Storage Technologies & Automation Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.